Question 1

Is there a cheaper alternative to Argus?

Accepted Answer

Yes. Milo offers AI-powered multifamily underwriting starting at $99/month, compared to Argus pricing of $10K+ per year per seat. For teams focused on multifamily, Milo provides the core analysis capabilities at a fraction of the cost.

Question 2

Can Milo replace Argus for multifamily underwriting?

Accepted Answer

For multifamily-focused teams, yes. Milo handles rent roll extraction, T12 analysis, NOI calculations, and scenario modeling—the core functions needed for apartment underwriting. If you need complex JV waterfalls or multiple asset classes, Argus may still be necessary.

Question 3

Why is Argus so expensive?

Accepted Answer

Argus is enterprise software designed for large institutional investors with complex needs across multiple asset classes. The pricing reflects its comprehensive feature set, training requirements, and support infrastructure. For many multifamily teams, this is overkill.

Question 4

What can Argus do that Milo cannot?

Accepted Answer

Argus handles multiple asset classes (office, retail, industrial), complex JV waterfall structures, and detailed lease-by-lease modeling for commercial properties. Milo is purpose-built for multifamily, so it trades breadth for speed and simplicity in the apartment space.

Question 5

How long does it take to learn Milo vs Argus?

Accepted Answer

Most users are productive in Milo within 10-15 minutes. Argus typically requires days of training, and many organizations send staff to formal Argus certification programs. The learning curve difference is significant.

Question 6

Is Milo cloud-based?

Accepted Answer

Yes. Milo is fully cloud-native, accessible from any browser. Argus is traditionally desktop-based, though they've added some cloud features. Cloud deployment means no installation, automatic updates, and access from anywhere.

Question 7

Can I export from Milo to Excel?

Accepted Answer

Yes. Milo lets you export extracted data and analysis to Excel anytime. This means you can use Milo for fast extraction and initial analysis, then move to Excel or other tools for custom modeling if needed.

Question 8

Should I switch from Argus to Milo?

Accepted Answer

It depends on your use case. If you primarily underwrite multifamily and want faster analysis at lower cost, Milo is a strong choice. If you need multiple asset classes, complex JV structures, or your organization has standardized on Argus, it may make sense to keep Argus for those needs.

Question 9

Does Milo work for commercial properties other than multifamily?

Accepted Answer

Milo is currently optimized for multifamily (apartments, student housing, senior living). We're focused on doing one thing extremely well. If you need office, retail, or industrial underwriting, Argus or similar tools may be better suited.

Question 10

What do teams use instead of Argus?

Accepted Answer

Common Argus alternatives include Excel (most popular but time-consuming), Milo (for multifamily-focused teams), redIQ (enterprise multifamily), and various institutional platforms. The right choice depends on your deal volume, asset focus, and budget.

Feature	Milo	Argus
Pricing	$99-199/mo	$10K+/year per seat
Setup time	Minutes	Weeks
Learning curve	Minimal	Steep (training required)
AI extraction	Yes (<15 sec)	No (manual input)
Best for	Multifamily	All CRE asset classes
Deployment	Cloud (access anywhere)	Desktop
Scenario modeling	Real-time sliders	Manual input
Sales process	Self-serve signup	Enterprise sales cycle

Milo: The Modern Argus Alternative for Multifamily

Why Teams Look for Argus Alternatives

Cost

Complexity

Overkill for Multifamily

Milo vs Argus: Key Differences

When Argus Makes Sense

When Milo is the Better Choice

What Milo Offers That Argus Doesn't

AI Extraction

Self-Serve Signup

Transparent Pricing

Cloud-Native

Real-Time Scenarios

Minimal Learning Curve

Frequently Asked Questions

Ready for the modern alternative?